Treasury lifts EV tax credit confusion over SUV price cap

2023 Tesla Model Y  -  Courtesy of Tesla, Inc.The U.S. Treasury Department on Friday announced an update on how vehicles will qualify as a car or an SUV under the revamped EV tax credit, now known as the clean vehicle tax credit. For EV shoppers it’s good news, as it will clear up a confusing and seemingly arbitrary dividing line in which some versions of certain models—like the...

Report: Small VW EV, battery plant considered for North America

2021 Volkswagen ID.4Volkswagen has approved an EV slotting below the ID.4 for the North American market, and it's considering a battery plant in Ontario, according to German business daily Handelsblatt. The report notes five recent entries in the Canadian province's Registry of Lobbyists for VW, including one that mentions CEO Oliver Blume, who last year said that...

Broader Volvo EV push reportedly adds SUVs, sedans, luxury van

2023 Volvo C40Volvo is planning to expand its EV lineup at the behest of parent company Geely, Reuters reported Thursday. The automaker plans to launch six new EVs through 2026, according to the report, which cites two anonymous sources with knowledge of Volvo's product plans. Volvo was already no slouch in the transition. It was one of the first brands to...

Mazda US boss: Longer-range EVs aren’t the future

2024 Mazda CX-90Jeffrey Guyton, the president and CEO of Mazda USA, isn’t sold on the EV range race. Guyton told Green Car Reports at the 2024 Mazda CX-90 reveal that while electric vehicle buyers today are looking for 300 miles of range, the future's not ever-longer range. Consumers will find they don’t really need even that much, he said...